For two years and $7 million or more, which is a good, if not completely unreasonable, chunk of change for him. (Grabow made $2.3 million in 2009, his last year of arbitration.) If the reports about Jason Bay rejecting a $60 million deal from the usually-pretty-circumspect Red Sox are also accurate, we could be looking at a surprisingly robust free agent market this winter.
It's been interesting to see so many former Pirates quickly re-sign with their new teams--first Freddy Sanchez and Jack Wilson, and now Grabow. After you leave the Pirates, going anywhere else must seem fantastic.